FICO

MAY 7, 2019

Instead, the policy requires card issuers to take a number of escalating steps, informing the customer after 18 and 27 months of persistent debt, and eventually going through a forbearance process before month 36, which might include actions like card closure and interest waivers. Decision Options.

Regulations

FICO

OCTOBER 19, 2022

UK Card Risk Trends: Summer Data Indicates Challenges Rising. FICO’s report of UK card risk trends for summer 2022 (June-August) paints a picture of inconsistent consumer behaviour and market patterns which will be challenging for lenders to manage as the cost-of-living crisis impacts financial spending and consumer finances.

Risk

FICO

JUNE 16, 2022

FICO releases quarterly US Bankcard Industry Benchmarking trends, previously these were published on the FICO Community but going forward will be published on FICO.com blog. The following credit card performance figures represent a national sample of approximately 130 million accounts that comprise FICO® Advisors’ Risk Benchmarking solution.

Credit Cards

FICO

SEPTEMBER 13, 2022

UK Credit Card Trends: From 2008 Crash to Cost-of-Living Crisis. Changes in card management, customer behaviour and regulations make card delinquencies and other trends very different from the crash of 2008. How FICO Can Help You Manage Credit Card Risk and Performance. chevron_left Blog Home.

Credit Cards

FICO

FEBRUARY 21, 2019

The theme of my blog series is how to win in an intensely competitive, increasingly digital environment. Was the customer given a low initial credit limit because of concerns about overall risk exposure? For example, credit card issuers have historically offered price protection to customers for purchases made on their cards.

Origination

FICO

JUNE 21, 2021

Many credit card issuers were faced with making new operational decisions, adapting to new regulations, and providing a safe and engaging customer experience. Follow my blogs to stay current with unique FICO data and reach out for guidance on how to adapt your own credit strategies. Over-Limit Spending.

Card Issuer